Authority and currency
About this authority
- Publisher
- Congressional Budget Office
- Standing
- Primary authority
- Version
- November 2024
- Relevant parts
- Summary; definitions and estimated budget effects of automatic stabilizers
- Currency
- current · checked Aug 7, 2026
The report gives the fiscal-policy lesson a concrete distinction between rules that respond without new legislation and discretionary policy changes. It also models the counterfactual discipline required to estimate how much of a budget change comes from economic conditions.
The published estimates belong to the stated period and baseline. They cannot be carried forward as current amounts or treated as proof of one universal multiplier.